Regulators team up to lower oil costs and improve safety
The Nigerian Upstream Petroleum Regulatory Commission is working with the Nigerian Nuclear Regulatory Authority to streamline regulations in the oil and gas sector. This collaboration aims to enhance radiological safety and reduce operational costs for industry operators. Oritsemeyiwa Eyesan of the NUPRC and Yau Idris of the NNRA are leading the initiative. The partnership is expected to close regulatory gaps and make compliance more efficient for companies.
What we know
- Oritsemeyiwa Eyesan emphasized the need for regulatory collaboration to eliminate duplication and reduce costs in the oil and gas sector.
- The NUPRC and NNRA plan to share information and adopt a single-window approach for compliance, making it easier for operators.
- Yau Idris highlighted that the upstream petroleum industry is a major user of radioactive materials, and improved oversight is crucial.
- Both agencies agreed to collaborate on training, capacity building, and knowledge sharing regarding radiation protection and safe practices.
- The partnership comes amid government efforts to boost investment, increase production, and enhance efficiency in Nigeria’s petroleum sector.
